Presbyterian Healthcare Services, Marin Medical Practices Concepts and St. John's Medical Group Partner with MPV to Better Monitor Payor Compliance
Groups to utilize MPV Phynance to optimize payor contract performance

AUSTIN, Texas. – December 16, 2008 – Medical Present Value, Inc. (MPV) today announced that it has secured new contracts with Presbyterian Healthcare Services, Marin Medical Practices Concepts, Inc. and St. John's Medical Group. By automating their payor contract management processes, the groups will be able to improve contract performance and optimize payor collections by verifying accurate reimbursement for services rendered.

The organizations, representing more than 750 providers, include:

• Presbyterian Healthcare Services, a 500-provider multispecialty practice based in Albuquerque, N.M.;
• Marin Medical Practices Concepts, Inc., a practice management company based in Novato, Calif. serving 163 physicians; and
• St. John's Medical Group, based in Joplin, Mo. with 110 providers.

"MPV is a perfect partner for Presbyterian. Its knowledge and experience with multiple practice management systems along with their familiarity of our key payers will result in a quick implementation," said Dale C. Maxwell, vice president and CFO of Presbyterian Healthcare Services. "We are confident that MPV will improve the accuracy of identifying underpayments and increase the efficiency of tracking payment variances."

Loading each group's contract terms into MPV Phynance™ and creating a database of client-specific contract terms, fee schedules and payment policies will enable the groups to better monitor payor compliance and verify claim payments at the line-item level.

Contract data stored in Phynance empowers groups to determine patient copayments before the time of service, which leads to improved patient satisfaction, reduced patient bad debt and faster payment cycle times. And groups can also use the software to analyze proposed contract terms based on the mix of services that will have the most impact on reimbursement. Reviewing the financial implications of those proposed terms allows groups to develop a negotiation strategy that can lead to more favorable contract terms.

About MPV

MPV helps medical groups to maximize practice revenue and meet the demands of healthcare consumers by combining technology and consultative services to fully automate eligibility verification; reduce patient write-offs; monitor payor contract compliance; recover underpayments and negotiate better contracts.

Contact:
Medical Present Value, Inc. (MPV)
Merideth Wilson
512.439.0201
mwilson@mpv.com

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